Snowflake Stock Is the Cheapest It Has Ever Been. Time to Buy?
SNOWSnowflake(SNOW) The Motley Fool·2024-06-08 18:24

Snowflake's stock is near all-time lows in both price and valuation. The word "cheapest" in reference to stocks can mean many things. For example, it could indicate a stock price or its valuation. Snowflake (SNOW -0.63%) is at or near all-time lows in both of these metrics. Some may see this as a problem, as nobody wants to catch a falling knife. Others may see it as a buying opportunity, as it's not often you can pick up shares at a discount to historical valuation levels. So, is it time to buy Snowflake s ...